Today, SolarPower Europe published its white paper ‘Unleashing the Potential of Solar & Storage’, which explains the key benefits of solar & storage in the electricity
Solar and storage are a perfect partnership. Storage extends solar’s power beyond the time the sun is in the sky, allowing energy producers to use solar 24 hours a day, 365 days a year. This opens up a whole new world of opportunities for solar, allowing solar technologies to be used to their full potential.
Self-consumption will be the driver for solar demand in the European Union; small-scale electric storage solutions will have a crucial role in expanding onsite consumption. At the same time, utility-scale battery storage will be increasingly used in providing additional services for stabilizing the grid when using large amounts of flexible solar power. Moreover, Solar & Storage is the key to enabling a renewable baseload, while also reducing costs for networks. This will also lead to stable electricity prices and the empowerment of consumers and businesses.
With increasing cost-competitiveness of solar-plus-storage solutions, more European citizens will have access to the clean energy power of these technologies. We will undoubtedly see an important increase of energy prosumers – citizens that both produce and consume their own energy – as solar and storage offer opportunities to decrease European citizen’s energy bill while increasing predictability of their energy supply. Solar and storage will be at the core of the new energy system.
Join SolarPower Europe’s Solar and Storage Task Force
In order to unlock the full potential of Solar & Storage, the proper policy and regulatory framework must be put in place. The objective of the Solar and Storage Task Force is to identify and promote key policy asks for the reform of the electricity market design.
If you are interested in joining this task force, contact Raffaele Rossi
Did you know that:
Solar & Storage Task Force Leader
SMA PROVIDES CARIBBEAN ISLAND WITH 100% SOLAR POWER SUPPLY
UNLEASHING THE POTENTIAL OF SOLAR & STORAGE While solar covers around 5% of the European electricity demand today, its contribution could easily increase up to
SolarPower Europe’s annual award-winning Global Market Outlook for Solar Power is the most authoritative market analysis report for the global solar power sector. With comprehensive historical market